A cyclone threatening Australia’s southeast coast has taken a long and meandering path over the past week, challenging forecasters seeking to provide residents in the storm’s path with certainty on its track. The issue stems from where the system has …
The world needs to prepare to fight global warming without the help of the US as the Trump administration pulls billions of dollars pledged to initiatives funding the green transition, the UK’s climate envoy said. This week, South Africa said …
This edition of International People Moves details appointments at the brokers Miller and Acrisure Re. A summary of these new hires follows here. Miller Taps SCOR’s Foucart as Managing Director in Reinsurance Practice Miller, the London-based independent specialist re/insurance broker, …
Zurich Insurance Group AG has amassed a substantial stake in Banco Sabadell SA, potentially giving it more influence over an important source of sales that’s facing a hostile takeover bid. The Swiss firm has increased its holding in Sabadell to …
Gallagher Re, the reinsurance brokerage unit of Arthur J. Gallagher & Co., announced it has launched a Cyber Risk Adjusted Rating (RAR) Index, which is designed to measure the change in reinsurance prices adjusted for expected changes to the underlying …
The South Carolina House of Representatives voted 109-0 Thursday in favor of a bill that would end joint-and-several liability for bars and restaurants and would incentivize additional alcohol-server training, an effort to reduce liquor liability insurance costs in the state. …
A truck driver who killed seven farmworkers when he crashed into a parked van on Interstate 5 in Oregon was sentenced on Tuesday to nearly 50 years in prison. Marion County Circuit Court Judge Daniel Wren sentenced Lincoln Smith to …
New York State experienced 74 worker deaths in 2023, a 48% increase over 2022’s 50 deaths, according to an annual report by an occupational safety nonprofit. The report by the New York Committee for Occupational Safety and Health (NYCOSH) found …
The interim chief of the US Securities and Exchange Commission says he expects a slowdown in the Wall Street regulator’s rulemaking after three-and-half “overly ambitious” years of pursuing market reforms. “The way I look at financial regulation is, we’re not …
A cybercrime crew stole then resold more than 900 digital tickets to Taylor Swift concerts and other pricey events on StubHub, according to prosecutors in New York. The international scam involved people working in Jamaica for a firm contracted by …